This message is sent by an instructing party, for example, client, or its authorised representative, to a financial institution which had previously sent a trade confirmation/contract note, for example, broker-dealer.
This message is used to positively affirm the details of a previously received confirmation/contract note. This message binds the Sender and the Receiver of the message to the trade details contained in the confirmation being affirmed.
This message may be sent directly between the parties to the trade or via an ETC service provider.
| Status | Tag | Qualifier | Generic Field Name | Detailed Field Name | Content/Options | No. |
|---|---|---|---|---|---|---|
Mandatory Sequence A General Information |
||||||
M |
16R |
|
|
GENL | 1 |
|
M |
20C |
SEME |
Reference |
:4!c//16x | 2 |
|
M |
23G |
|
|
4!c[/4!c] | 3 |
|
O |
98a |
PREP |
Date/Time |
A, C, or E | 4 |
|
-----> |
||||||
M |
95a |
4!c |
Party |
P, Q, or R | 5 |
|
-----| |
||||||
O |
25D |
AFFM |
Status Code |
:4!c/[8c]/4!c | 6 |
|
-----> Mandatory Repetitive Subsequence A1 Linkages |
||||||
M |
16R |
|
|
LINK | 7 |
|
O |
13a |
LINK |
Number Identification |
A or B | 8 |
|
M |
20C |
4!c |
Reference |
:4!c//16x | 9 |
|
M |
16S |
|
|
LINK | 10 |
|
-----| End of Subsequence A1 Linkages |
||||||
M |
16S |
|
|
GENL | 11 |
|
End of Sequence A General Information |
||||||
C1 If the Function of the Message (field 23G) is not CANC then field 13A Number Identification, must be present and contain '515' in minimum one occurrence of the subsequence A1 Linkages.
Sequence A if field :23G: is ... |
Then in minimum one occurrence of subsequence A1 field :13A is ... |
|---|---|
Not CANC |
Mandatory and must contain '515'(1) |
CANC |
Optional |
C2 If the message is a cancellation, that is, Function of the Message (field 23G) is CANC, then field :20C::PREV must be present in one and only one occurrence of A1; consequently, in all other occurrences of A1, field :20C::PREV is not allowed.
Sequence A if field :23G: is ... |
Then field :20C::PREV is ... |
|---|---|
CANC |
Mandatory in one occurrence of subsequence A1, and not allowed in all other occurrences of subsequence A1 |
NEWM |
NA |
The affirming party may be used to specify the party which affirms the trade on behalf of the instructing party.